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4. Suppose the economy is characterized by constant opportunity costs so that Ps/Pt = 1.5 (yd. T/bu. S). Derive the economy's national supply schedule for

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4. Suppose the economy is characterized by constant opportunity costs so that Ps/Pt = 1.5 (yd. T/bu. S). Derive the economy's national supply schedule for S. How does it differ from the one derived in figure 2.8? (Hint: It will have a horizontal segment and a vertical segment.)

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